Explore the finalization of a bilateral agreement on exchange and mutual protection of classified information for cooperation in the defence area. PM Modi and his Swedish counterpart interacted with top business leaders of both nations to chart out a future roadmap of cooperation in sectors such as technology, investment, trade and smart cities.

During the Summit, the Prime Ministers pledged to deepen cooperation between India and the Nordic countries and focused their discussions on key issues related to global security, economic growth, innovation and climate change.

"They have huge planning and building work in front of them which they want to do in a climate smart way, and in that we have a very clear area of cooperation", Löfven commented.

Following the summit, Modi and Lofven participated in a round table with Swedish CEOs during which the CEOs were exhorted to invest in India and participate in the country's flagship initiatives, External Affairs Ministry spokesperson Ravessh Kumar said in a tweet. The theme of the talks today, he said, was how Sweden could make the most of India's development and form a win-win relationship with the country.

The two sides made a decision to explore the finalisation of a bilateral agreement on exchange and mutual protection of classified information for cooperation in defence.

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Harping on his "New India" vision, PM Modi says his government would transform India. At the end of the Summit, India and the Nordic countries issued a Joint Statement.

The two leaders also exchanged views on regional and multilateral cooperation at the delegation-level talks.

"During the talks, the importance of the rules-based multilateral trading system as well as open and inclusive global trade for prosperity and growth was underlined, and the Ease of Doing Business practices were emphasised as a priority for both the Nordic countries and India".

He further highlighted the fact that an Indian Prime Minister is visiting Sweden after a gap of 30 years while saying that he himself visited India two years ago.

Prime Minister Narendra Modi arrived in London on Wednesday as part of his four-day visit to the United Kingdom. On April 19-20, he is scheduled to attend 2018 Commonwealth Heads of Government Meeting (CHOGM).

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